RBC: Mexico and China Tariffs Could Send Markets Down 10% Or More

This article was originally published on ETFTrends.com.

In an escalated trade war with China and now Mexico, U.S. equities may fall 10% from their recent highs, Lori Calvasina of RBC Capital Markets, the firm’s head of U.S. equity strategy, said in a note to clients Monday. “The potential for tariffs on Mexico make it even more likely that the S&P 500 will fall to [...]

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